LATEST CABLES.

Hawke's Bay Herald, Volume XXVIII, Issue 9539, 27 November 1893, Page 3

LATEST CABLE S.

[PUB PBHSS ASSOCIATION.— COPYRIGHT,

ENGLAND. (, (Received November 25 7.28 p.m. c London, November 23. ( The weekly returns of the Bank of J England, pnblisbed to-day, show the ! total reserve to be £17,132,000. Tbe < proportion of the reserve to the liabilities 1 is 52. Cmsois are at 89J. j Three months' bills are discounted at 8J per cent. ' New Zealand 4 per cent inscribed stock, 1 108 ; 3J per cent ditto, 97. Frozen mutton, first quality, is quoted at 3Jd per ib, second quality 3f d per lb j lamb, first quality, 4d per lb. Tbe New Zealand hemp market is dull ; 22 bales of fair quality, from Wellington, have been sold at £18 10s per ton. Butter, Danish 130s per cwt, Australian BBd New Zealand 124s to 1255. New. Zealand long- berried wheat, ex warehouse, is weaker at 29s 3d. South Australian wheat, ex warehouse, is alto weaker at 30a. Sugar, German bret is weaker at 12s 6*l ; Java is'flat at 15s 9d. No. 1 best Scotch pig iron, f.o.b. in the Clyde, is active at 435. (Received November 28, 6 p.m.) > November 25. Tbo creditors' committee of the New Zealand Loan and Mercantile Agenoy Company are not yet prepared with a i scheme of reconstruction, and the statutory meeting has again been postponed. Mr P Mennell reports that Australian ■ bank deposit receipts are soarce. Holders ■ v ' generally . are. asking par, while only a ; few aie offering at a discount. I- ' The Imperial Federation league has- ;'■; been dissolved on the ground tbat the mo'.tti : . ■*■ .'•> ■ '■ ' ' •

lolpj'ects for which it was formed have been attained. The St. Petersburg correspondent of the Daily News states that the Russian Government iuterid to issue a loan in Paris in February, and that should there be a probability of Its failure the Czsrewitch will visP Paris to ensure its success. Sir J. West Ridgway has been appointed Governor of the Isle of Man, vice Mr Spencer Walpole, who wos appointed successor to the late Sir- A Blackwood as Seoretary of the Post-office. In the House of Commons Mr Gladstone stated tbat more shipbuilding would begin shortly, as It was the intention of the Admiralty to maintain the relative I naval strength of Great Britain. At a special meeting of the committee appointed to regulate tbe price of colonia l butter the price of the consignments ex Australia and Dorlo was fixed at 120s per owt. In future the committee will meet on Saturdays instead of Thursdays.